9 cups Chex cereal(I prefer the corn or rice or a combination of the two but think the wheat would be a better nutritional choice--as if that is going to make this recipe nutritious.)
1 cup semi-sweet chocolate chips
1/2 cup peanut butter
1/4 cup butter
1 tsp. vanilla
1 1/2 cups powdered sugar
Heat chocolate chips and peanut butter over very low heat, stirring. The box says to use a microwave for 1 minute on high, stir, microwave 30 seconds longer but we don't use a microwave so I don't know if this is accurate or not. Stir in vanilla.
Pour mixture over the cereal, stirring to coat. Sift powdered sugar over the top and mix well. OR put cereal into a 2-gallon resealable food-storage bag, sift powdered sugar over the top, close bag and shake to mix. Spread on waxed paper to cool. Store in airtight container.